Thursday, December 18, 2008

Think Progress observes that Chrysler is shutting down all of its plants for 30 days beginning tomorrow and sending 46,000 union workers home for Christmas without paychecks during that time. Instead, they are relying on state unemployment subsidies to pay them while they are laid off (sounds like getting state-funded bailout capital by other means). Clearly, Chrysler could save money by laying off big salaried white collar workers and cutting down to a skeleton crew. But they are going to keep their expensive suits on salary during that 30-day break, and what red state politician (especially Santa Corker) is going to blame them for embracing luxury? Merry Christmas and Happy New Year!